Constellation closed on its acquisition of the Grupo Modelo U.S. beer business in June 2013. It purchased the business from Anheuser-Busch InBev. Constellation said that the purchase price was about $5.3 billion, which includes $558 million that was paid as a post-closing purchase price adjustment last month. The deal includes full ownership of Crown Imports.

Constellation — whose other brands include Robert Mondavi and Negra Modelo — earned $206.7 million, or $1.03 per share, for the three months ended May 31. A year earlier it earned $52.9 million, or 27 cents per share.

Stripping out certain items, earnings were $1.07 per share.

Analysts, on average, expected earnings of 93 cents per share, according to a FactSet survey.

Revenue for the Victor, New York-based company jumped to $1.69 billion from $766.2 million, before deducting excise taxes. Constellation said that the increase was driven by $868 million of sales related to the consolidation of Crown Imports' commercial beer business. Wall Street predicted revenue of $1.63 billion.

Constellation now anticipates fiscal 2015 adjusted earnings between $4.10 and $4.25 per share. Its prior guidance was for $3.95 to $4.15 per share. Analysts are calling for $4.12 per share.

Constellation's stock gained $4.92, or 5.6 percent, to $93.30 in premarket trading about 45 minutes before the market open.